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please prvide all the requirement answer from A to J thank you Problem 7. Master Budget Hennagir Corporation makes one product and has provided the

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Problem 7. Master Budget Hennagir Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: Budgeted selling price per unit $76 Budgeted unit sales (all on credit): January 9,500 February 9,900 March 10,600 April 12,600 Raw materials requirement per unit of output 3pounds Raw materials cost $5.00per pound Direct labor requirement per unit of output 2.2 direct labor-hours Direct labor wage rate $18.00 per direct labor-hour Credit sales are collected: 40% in the month of the sale 60% in the following month Raw materials purchases are paid: 30% in the month of purchase 70% in the following month The ending finished goods inventory should equal 10% of the following month's sales. The ending raw materials inventory should equal 40% of the following month's raw materials production needs. Required: a. What are the budgeted sales for February? b. What are the expected cash collections for February? c. What is the budgeted accounts receivable balance at the end of February? d. According to the production budget, how many units should be produced in February? e. If 32,400 pounds of raw materials are needed for production in March, how many pounds of raw materials should be purchased in February? f. What is the estimated cost of raw materials purchases for February? g. If the cost of raw material purchases in January is $145,680, then in February what are the total estimated cash disbursements for raw materials purchases? h. What is the estimated accounts payable balance at the end of February? i. What is the estimated raw materials inventory balance at the end of February? j. What is the total estimated direct labor cost for February assuming the direct labor workforce is adjusted to match the hours required to produce the forecasted number of units produced

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